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Old 01-17-2013, 02:04 PM
 
Location: Palo Alto
12,149 posts, read 8,417,223 times
Reputation: 4190

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I know! I know!

Inflate away the liability.
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Old 01-17-2013, 02:44 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,328,298 times
Reputation: 7627
Quote:
Originally Posted by TrapperJohn View Post
How? How will a shrinking population of kids, saddled with personal debt and $16 trillion due Uncle Sam, earning wages that are 40% less than the boomers due to globalization, support the largest generation of Americans ever who have been promised Social Security and healthcare benefits they haven't funded?
SSI can dealt with through a combination of relatively modest benefit cuts and SSI tax increases. It's FAR from an insurmountable problem and in fact there are MANY different ways to fix it.

How you can save Social Security - CBS News

Online tool to run your own "what if" scenarios:

http://www.aarp.org/work/social-secu...SSST_JUN06_012

Medicare is a wayyyyyy more of a problem to fix than SSI. Despite all the "sky is falling" BS nonsense scare talk about it, SSI can be pretty easily fixed with just a few relatively minor tweaks.

Ken
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Old 01-17-2013, 03:08 PM
 
Location: Palo Alto
12,149 posts, read 8,417,223 times
Reputation: 4190
Quote:
Originally Posted by LordBalfor View Post
SSI can dealt with through a combination of relatively modest benefit cuts and SSI tax increases. It's FAR from an insurmountable problem and in fact there are MANY different ways to fix it.

How you can save Social Security - CBS News

Online tool to run your own "what if" scenarios:

http://www.aarp.org/work/social-secu...SSST_JUN06_012

Medicare is a wayyyyyy more of a problem to fix than SSI. Despite all the "sky is falling" BS nonsense scare talk about it, SSI can be pretty easily fixed with just a few relatively minor tweaks.

Ken
So you support cutting social security?
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Old 01-17-2013, 03:13 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,328,298 times
Reputation: 7627
Quote:
Originally Posted by TrapperJohn View Post
So you support cutting social security?
I support some cuts on those with higher income and increasing the SSI tax. More to the point however it's NOT what I personally support that's important (it won't be ME making those decisions) it's the fact that there are several different options involving either relatively modest payout cuts and/or relatively modest SSI tax increases that will EASILY fix the problem. As I said, despite all the wingnut fear-mongering, fixing SSI is NOT that difficult to do. Medicare is a FAR more difficult problem and THAT is going to require some painful cuts to everyone involved.

Ken
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Old 01-17-2013, 03:41 PM
 
Location: Palo Alto
12,149 posts, read 8,417,223 times
Reputation: 4190
Your solutions have the same affect as inflation.
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Old 01-17-2013, 03:51 PM
 
8,091 posts, read 5,910,529 times
Reputation: 1578



got a couple more of these for you to shuffle, Ken.....
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Old 01-17-2013, 05:16 PM
 
Location: Palo Alto
12,149 posts, read 8,417,223 times
Reputation: 4190
WSJ/NBC News Poll: Washington Affects Economic Outlook:


Days before his inauguration to a second term, President Barack Obama is in a strong political position, but leads a country riddled with pessimism about the economy and his ability to improve it, a new Wall Street Journal/NBC News poll finds.

Americans see some signs of improvement in the economy but are mostly downbeat about the next four years and about their own financial prospects, a grim contrast to the buoyant mood of Inauguration Day four years ago.
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Old 01-17-2013, 05:36 PM
 
Location: ATX-HOU
10,216 posts, read 8,117,467 times
Reputation: 2037
Quote:
Originally Posted by Loveshiscountry View Post
LMAO I just proved to you Obamas economic failures and you answered like you're punch drunk.
His economic failures of continuing ethanol policies that were started by a certain Republican adminstration and Republican governors whose states who receive ethanol subsidies? It's a simple solution. You make it seem like there is some sort of fundamental issue increasing food prices, which isn't true according to the links you provided.

Quote:
When does it work? The government manipulated dot com bubble? nope
LOL. You are just making up terms. The econmoy is constatly being manipulated, always has been and always will be. The "free market" is just some abstract concept.

Quote:
The government manipulate Housing bubble? nope
Cash for clunkers which raised the price of automobile and got Americans further into debt just like the Govt created Housing bubble? nope
Don't bother commenting when you obviously don't study economics.
And where did you get you degree in ecnomics and what model do you follow?

Quote:
LMAO I shut you down completely with facts and you have said absolutely nothing of substance. Take a class on economics before commenting. It would be the smart thing to do. Not saying you'll do it, just that its the smart thing to do.
What facts? It was obvious you didn't read what you linked me and now you are stumbling trying to cover it.
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Old 01-17-2013, 05:37 PM
 
Location: ATX-HOU
10,216 posts, read 8,117,467 times
Reputation: 2037
Quote:
Originally Posted by TrapperJohn View Post
WSJ/NBC News Poll: Washington Affects Economic Outlook:


Days before his inauguration to a second term, President Barack Obama is in a strong political position, but leads a country riddled with pessimism about the economy and his ability to improve it, a new Wall Street Journal/NBC News poll finds.

Americans see some signs of improvement in the economy but are mostly downbeat about the next four years and about their own financial prospects, a grim contrast to the buoyant mood of Inauguration Day four years ago.
Isn't that what this thread about.... the economy improving.
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Old 01-17-2013, 05:39 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,328,298 times
Reputation: 7627
Quote:
Originally Posted by TrapperJohn View Post
WSJ/NBC News Poll: Washington Affects Economic Outlook:


Days before his inauguration to a second term, President Barack Obama is in a strong political position, but leads a country riddled with pessimism about the economy and his ability to improve it, a new Wall Street Journal/NBC News poll finds.

Americans see some signs of improvement in the economy but are mostly downbeat about the next four years and about their own financial prospects, a grim contrast to the buoyant mood of Inauguration Day four years ago.
Sure, and WHERE do most people put to blame for that?

"...But if Americans have tempered the expectations for Obama’s second term, they have soured even more on Congress and the Republican Party.

Just 14 percent of adults approve of Congress’ job (which is near the all-time low in the poll), while 81 percent disapprove (which is close to its all-time high).

What’s more, 49 percent hold a negative view of the Republican Party – its highest negative rating in the survey since 2008. Only 26 percent have a positive view..."


NBC/WSJ poll: Public lowers expectations heading into Obama's 2nd term - First Read

Ken
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